all eyes on the senate as the nation moves closer to the the brink of the fiscal cliff with massive spending cuts and tax hikes cut to automatically kick in. lawmakers will get down to work starting at 10:00 this morning our time. senate negotiators are trying to come up with a last-minute compromise to present to the house. president obama says any bipartisan bill has to extend unemployment benefits, affecting some 2 million americans. he says it must increase taxes on the highest income earners. the president knows neither side is going to get everything they want, and he thinks it's time for house republicans to compromise. it is very important for republicans in congress to say we aren't going to get 100%, at the need to compromise in order to solve problems. >> if there is enough in the agreement for republicans to be able to support it, and we can get a majority of republicans in the senate and a majority of democrats in the senate, then i think there's a good opportunity for a majority of democrats and republicans in the house. >> well, the stock markets appear to be betting against a